Ga Real Estate Disclosure Without Consent
Description
How to fill out Georgia Residential Real Estate Sales Disclosure Statement?
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FAQ
Under Georgia law, the seller is obligated to disclose material defects about the property. They also have a legal obligation to truthfully answer any questions asked of them during the sales process. This law places much of the onus on the buyer to learn of any defects.
Georgia sellers are not required to fill out a formal disclosure statement. They do, however, have to inform the buyer ? at least verbally ? of any known problems with the condition of the home that aren't clearly evident. That said, most real estate agents still highly recommend filling out a disclosure statement.
There Is No Seller Disclosure Form Required in Georgia In many states, the seller is obligated to complete a disclosure form that informs the buyer of any material defects. In Georgia, the seller does not have a legal obligation to complete the form.
While Georgia doesn't require a disclosure form like many other states, it does require that the seller disclose any material defects that would not be discovered by the buyer upon a reasonable inspection.
If you know but fail to disclose important but not readily visible facts about the condition of the house, the buyer might have a legal cause of action against you for fraud, misrepresentation, or breach of contract. If successful, the buyer could be entitled to rescind the purchase contract.